Search found 2 matches

by Eliott
Wed Jul 13, 2011 12:22 pm
Forum: General questions and comments
Topic: Non-spouse RMDs
Replies: 2
Views: 5109

Re: Non-spouse RMDs

Jim, thanks for responding so quickly. This is what I've come up with so far: Here's a link to a website that shows the percentage RMD distribution required per year for non-spouse beneficiaries of IRAs, which apparently applies to 457s as well: http://www.moneymanagment.info/Table%20V.htm But the l...
by Eliott
Tue Jul 12, 2011 11:25 am
Forum: General questions and comments
Topic: Non-spouse RMDs
Replies: 2
Views: 5109

Non-spouse RMDs

Hello Jim, As a non-spouse beneficiary of a 457 plan, the IRS requires me to withdraw annual RMDs over my "lifetime" even though I haven't reached 70. But the lifetime they assume is a fictional number that forces ever-increasing withdrawals as time goes on. For the purposes of the FRP, I've just pr...